Since standard measures of income distribution leave out in-kind transfers, how do they relate to the true inequality of living standards?

1. A Option A: They exaggerate the inequality of living standards
2. B Option B: They accurately represent the true inequality of living standards
3. C Option C: They understate the inequality of living standards
4. D Option D: They could exaggerate or understate the inequality of living standards depending on whether the transfers are goods or services

Answer checked 11 October 2026 · How we write and check questions